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Global healthcare benefit cost increases projected to largely continue into 2024, WTW survey finds

by AIP Online Bureau | Dec 12, 2023 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

“The high cost of new medical technologies is a key reason for the persistently high trend. Furthermore, in some regions, ongoing geopolitical conflicts and resulting displaced populations have negatively affected medical costs due to an increased need for care and...

Google’s Epic legal defeat threatens $200 billion app store industry

by AIP Online Bureau | Dec 12, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

The loss — handed down by a San Francisco jury on Monday — is a blow to the two companies’(Google and Epic Games Inc) business model in apps, where they charge commissions of as much as 30 per cent to software developers who typically have few other options. Google’s...
MoRTH aims to halve road accidents and casualties by 2030: Gadkari

MoRTH aims to halve road accidents and casualties by 2030: Gadkari

by AIP Online Bureau | Dec 11, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy

Nitin Gadkari,Union Minister,Ministry of Road Transport and Highways According to the latest report by Ministry of Road Transport and Highways (MoRTH), the number of road accidents in India went up 12 per cent to over 4.6 lakh in 2022, resulting in deaths of 19 people...
GenAI: Breakthrough Technology for Innovative Marketing

GenAI: Breakthrough Technology for Innovative Marketing

by AIP Online Bureau | Dec 11, 2023 | Articles, Eco/Invest/Demography, Regulation, Risk Management, Technology

Gagandeep Gadri, Managing Director of frog, part of Capgemini Invent, said, “The future of marketing will undeniably be influenced by the widespread adoption of generative AI to deliver personalized content and communication; it’s value realization will need a fusion...

GenAI startups defy funding winter, raise record $10 bn in 2023

by AIP Online Bureau | Dec 11, 2023 | Data, Technology

New Delhi: Generative AI (GenAI) startups raised $10 billion in venture capital globally in 2023, a huge 110 per cent rise compared to 2021, a new report showed on Monday. Startup funding has been subdued in 2023 with $224 billion in total venture capital funding (as...
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